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Getting to Know Bruce Levenson the Businessman

Bruce Levenson has always seemed to be easy to admire. His hard work and determination has paid off and that shows through his professional advancements. Based on Atlanta, Georgia, Levenson founded United Communications Groups with Ed Peskowitz, his business partner, in 1977. This was above his father’s liquor store. He continues to be a huge part of the company’s growth looking over the practices and making sure that they maintain the values intended when the business was built. This comes through the educations he has received at multiple amazing colleges such as Washington University and American University. He even worked as a journalist for the Washington Star, which many people may not know about him.

In 2004, he began his co-ownership of the Atlanta Hawks. This was a true testament to how hard he has worked for his entire life. In a truly admirable businessman move, he sold the Hawks in 2014 for 27% less than what his bankers told him he could get. Goldman Sachs was hired on to gauge how much the team was worth and overshot it a great deal. Though they believed he could get a billion dollars for the team and the rights to usage of the sports arena, he ended up selling for $730 million according to Forbes. There were various prices that were forecaster. Some of them much higher than $730 million, but in the end he sold the team to a group run by Antony Ressler. This group includes NBA royalty such as Grant Hill and the owner/founder of Marquis Jet Jesse Itzler.

Levenson knows how to sniff out the best professional opportunities and is not afraid to go for the gold. He has the strength, the intellect, and the fearlessness necessary to move mountains and get exactly what he wants. He takes pride in his lengthy career in both the business and sports worlds. As of 2015, he became a board member for TechTarget, Inc. He is also known for his philanthropic endeavors. Most recently, along with his wife, starting The School of Philanthropy and Non-Profit management at the University of Maryland. With a varied, deep educational background with a multitude of interests, Levenson’s goal is to make life better for all people.